Market closed·Syncing…
F&OMarket closed · Close · 13 Nov

Max Financial Services Limited MFSL

₹1,401.10The price one share last traded at, in rupees.+1.90% · ₹26.12
52-wk low ₹1,17332% up the rangeThe highest and lowest price the share has traded at in the past year, and where today's price sits between the two.high ₹1,893

Daily candlesEach candle is one trading day. The chart opens on the last year; drag back past the start or open full screen and the rest loads, back to listing (or the first day in our data). The body runs from the open to the close, the thin lines to the high and low. Green closed up, red closed down.

Loading prices…

Split and bonus adjusted daily candles. Drag back past the start, or open full screen, and its whole history loads. Scroll or pinch to zoom; full screen adds indicators, drawing and measuring.

Test a strategy on MFSL

Real prices, every charge counted. Pick one or write your own.

Technical snapshotHow the share has been behaving: its momentum, its trend, how much of the trading was real buying to keep, and its returns.

EOD 13 Nov
RSI (14) · 30 oversold, 70 overboughtA score from 0 to 100 showing how strong recent up days were against recent down days.
64.4Neutral
0 oversold3070overbought 100
Delivery · bought to hold vs churnOf all the shares traded in a day, the share that actually changed hands and went into someone's demat account, rather than being bought and sold the same day.
65%Near average
today 65%20d avg 54.4%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50 DMAHow far today's close is above or below the average closing price of the last 50 trading days. It shows the medium-term trend.+2.6%vs 200 DMAHow far today's close is above or below the average closing price of the last 200 trading days, about ten months. It is the most watched line for the long-term trend.▼ 10.3%1 monthHow much the share price has changed over the period.+9.1%3 monthsHow much the share price has changed over the period.▼ 7.4%1 yearHow much the share price has changed over the period.▼ 7.7%Vol 30dHow much the share has actually been moving day to day, stated as a yearly percentage. 30% means it swung roughly 30% a year at that pace.34.5%

Are its options cheap or dear?It compares the movement option prices assume with the movement the share has actually shown.

Live in market hours

Implied volatility needs the live option chain, which is open 9:15 to 3:30.

Returns and valuationWhat the market pays for this company and how well the business uses its money.

Books to 30 Sept 2026
Market capWhat the whole company is worth on the stock market: share price times the number of shares. It measures size, not quality.₹48,354 Cr13 NovP/EHow many rupees investors pay today for one rupee of the company's yearly profit. A P/E of 20 means paying ₹20 for ₹1 of annual profit.259.0xlast 4 quarters, to Sept 2026Return on equityHow much profit the company made on the shareholders' money in the business. 15% means ₹15 of profit a year on every ₹100 of owners' money.1.6%full year FY26Price to bookThe share price against the shareholders' money per share on the balance sheet. It asks what you pay for each rupee the owners have in the business.8.46xbooks of Sept 2026Dividend yieldThe cash paid out in a year as a percentage of today's share price. A 2% yield means ₹2 a year on a ₹100 share.0.00%last 12 monthsFCF marginOf every ₹100 of sales, how much cash was left after running the business and paying for new assets.23.6%year to Mar 2026
A lender funds itself with deposits, so debt ratios do not apply and are left out.

Against its sectorWhere this company ranks among similar companies on each measure.

Life Insurance · 5 peers · medians
P/EHow many rupees investors pay today for one rupee of the company's yearly profit. A P/E of 20 means paying ₹20 for ₹1 of annual profit.258.98vs 62.41 median
Cheapest: LICI 8.13Priciest: MFSL 258.98
Net marginOf every ₹100 of sales, how much is left as profit after all costs, interest and tax.0.45%vs 2.53% median
Lowest: MFSL 0.45%Highest: LICI 10.97%
Revenue growthHow much sales grew in the latest quarter against the same quarter a year earlier.18.48%vs 15.82% median
Lowest: SBILIFE 8.17%Highest: MFSL 18.48%

What the numbers sayShort plain statements about this company's latest figures.

Written by fixed rules

Latest quarterIn the quarter to September 2026 (results filed 27 Oct 2026), sales rose 18.5% from a year earlier to ₹11,601 cr and profit rose 1608.7% to ₹100 cr.

Going well
  • Cash from operations was at least the reported profit in each of FY24, FY25, FY26.
Worth watching
  • Return on equity stayed under 10% from FY24 to FY26 (highest 9.4%).
Also changed
  • Foreign institutions raised their holding by 3.9 points over 5 quarters (44.72% to 48.62%).
  • Domestic institutions cut their holding by 3.6 points over 5 quarters (47.29% to 43.70%).

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on resultsWhat the share price did around each recent quarterly result.

Over the last 19 results, the share rose on 11 and fell on 8, and moved by 3% or more on 12.

+10%
-10%
Q3 FY22Q1 FY24Q1 FY25Q1 FY26Q2 FY27

Q2 FY27: results filed 27 Oct 2026. The share went from its close on 26 Oct 2026 to its close on 28 Oct 2026 -1.25%.

Dividends paidCash the company has paid per share, year by year.

₹128 in 2016
Paid 1 of 1 yrs
what 2016's payouts come to on ₹1 lakh at today's price · nothing declared in the last twelve months
What each year paid, on ₹1 lakh
128
16

2016 paid ₹1.80 per share, about ₹128 on ₹1 lakh at today's price. Dividends are at the company's discretion and can be cut or skipped.

What it has returnedThe yearly growth rate in the share price over each period, as if it had grown smoothly.

Price only, before dividends
+10.4%a year, over 20 years
1 yr
-17.9%
3 yr
+15.1%
5 yr
+7.6%
10 yr
+9.6%
15 yr
+14.7%
20 yr
+10.4%

Held for 20 years this compounded at +10.4% a year. The last twelve months were down -17.9%. Price only, before dividends.

Who owns itThe share of the company held by its promoters, by foreign and domestic institutions, and by the public, quarter by quarter.

Shareholding pattern
1.25%promoter holding, as of 2026-09-30-13.5 pts since 2021
Promoter share since listing
2021-091.25% now, drawn to its own range2026-09
Who owns it todayas of Sep 26
48.6%
43.7%
Promoter1.3%Foreign (FII)48.6%Domestic (DII)43.7%Public & others6.4%
Who is buying, who is leavingJun 25 to Sep 26
Promoter1.3%-0.5 pts
Foreign (FII)48.6%+3.9 pts
Domestic (DII)43.7%-3.6 pts

Each line is that holder's share of all shares over the last 6 quarters, drawn to its own scale - the printed change is the size of the move. Mutual funds and insurers sit inside the domestic figure; hover the bar above for that split.

The promoter/promoter-group stake as a percentage of total shares, each quarter since listing. A rising line means promoters are adding to their stake; a falling one often means dilution, pledge-driven sales, or stake sales to new investors.

Insider tradesPurchases and sales of the company's own shares by promoters, directors and senior staff.

Last 18 months
Sell
MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED
Promoters · 24-Nov-2025 19:20
16.0 L sh
₹269.0 Cr
Buy
Max Financial Employees Welfare Trust
Other · 09-Jun-2025 15:50
8,681 sh
₹1.3 Cr
Buy
Max Financial Employees Welfare Trust
Other · 05-Jun-2025 10:33
91,800 sh
₹14.0 Cr
Buy
Max Financial Employees Welfare Trust
Other · 23-May-2025 12:14
1.1 L sh
₹14.5 Cr
Buy
Max Financial Employees Welfare Trust
Other · 20-May-2025 17:16
1.8 L sh
₹24.1 Cr

Recent announcementsThe company's own filings to the exchange in the last six months: results, board meetings, investor calls and more, each with its source document.

Last 6 months
Analysts/Institutional Investor Meet/Con. Call Updates12-Nov-2026

Max Financial Services Limited has informed the Exchange about Schedule of meet

Analysts/Institutional Investor Meet/Con. Call Updates03-Nov-2026

Max Financial Services Limited has informed the Exchange about the Transcript of Earnings Call

Copy of Newspaper Publication29-Oct-2026

Max Financial Services Limited has informed the Exchange about Copy of Newspaper Publication

Analysts/Institutional Investor Meet/Con. Call Updates28-Oct-2026

Max Financial Services Limited has informed the Exchange about Link of Recording

Investor Presentation27-Oct-2026

Max Financial Services Limited has informed the Exchange about Investor Presentation

Press Release27-Oct-2026

Max Financial Services Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Press Release".

Updates27-Oct-2026

Max Financial Services Limited has informed the Exchange regarding 'Approval of unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2026 '.

Outcome of Board Meeting27-Oct-2026

Max Financial Services Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.

Analysts/Institutional Investor Meet/Con. Call Updates19-Oct-2026

Max Financial Services Limited has informed the Exchange about Schedule of meet

Updates16-Oct-2026

Max Financial Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'.

Certificate under SEBI (Depositories and Participants) Regulations, 201806-Oct-2026

Max Financial Services Limited has informed the Exchange about the Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026

Updates28-Sep-2026

Max Financial Services Limited has informed the Exchange regarding 'Disclosure under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODR ) regarding Axis Max Life Insurance Limited ( Axis Max Life ), the material subsidiary of the Company '.

Trading Window25-Sep-2026

Max Financial Services Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Updates18-Sep-2026

Max Financial Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'.

Updates11-Sep-2026

Max Financial Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'.

Backtest idea · MFSLMACD momentum

Momentum turning up, only while the long trend is up.

BuyMACD crosses above signal, price above 200-day SMA
SellMACD crosses back below
Real prices · every charge countedRun on MFSL
Backtest idea · MFSLLower band bounce

Buys a stretch below the usual range, sells on the way back.

BuyCloses below the lower Bollinger band
SellBack at the middle band, or 15 days
Real prices · every charge countedRun on MFSL
Backtest idea · MFSLSupertrend rider

Stays in while the trend line says up, out when it flips.

BuySupertrend turns up
SellSupertrend turns down
Real prices · every charge countedRun on MFSL
Your own ideaWrite a rule for MFSL in plain English“Buy MFSL when …”
Start writing
Buy the dip on MFSLBuy when RSI(14) drops below 30
52-week high breakout on MFSLBuy when closes at a 52-week high
Golden cross on MFSLBuy when 50-day EMA crosses above 200-day
Stochastic oversold on MFSLBuy when stochastic %K drops below 20
Pullback in an uptrend on MFSLBuy when RSI(14) below 40, price above 200-day EMA

At a glanceThe eight figures most people check first, each placed against companies in the same industry.

Against its sector
Market capWhat the whole company is worth on the stock market: share price times the number of shares. It measures size, not quality.
₹48,354 cr
Larger than 20% of 5 peers
sector middle ₹1.29 lakh cr
P/EHow many rupees investors pay today for one rupee of the company's yearly profit. A P/E of 20 means paying ₹20 for ₹1 of annual profit.
259.0x
Highest of 5 peers
sector middle 62.4x
Price to bookThe share price against the shareholders' money per share on the balance sheet. It asks what you pay for each rupee the owners have in the business.
8.5x
Higher than 80% of 5 peers
sector middle 6.7x
ROEHow much profit the company made on the shareholders' money in the business. 15% means ₹15 of profit a year on every ₹100 of owners' money.
1.6%
No sector comparison yet
FY23 11.4%FY26 1.6%
Dividend yieldThe cash paid out in a year as a percentage of today's share price. A 2% yield means ₹2 a year on a ₹100 share.
0.0%
Lowest of 5 peers
sector middle 0.3%
Sales growthHow much sales grew in the latest quarter against the same quarter a year earlier.
+18.5%
Highest of 5 peers
sector middle +15.8%
FY25 -0.2%FY26 2.6%

Peers are the listed companies in the exchange's own industry group: Life Insurance. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

The business, year by yearSales and net profit by financial year or by quarter.

Sales and net profit
FY22FY24FY25FY26
SalesNet profitfell vs last yearEach on its own scale · hover a bar for its figures
Op. marginOf every ₹100 of sales, the profit from the main business before depreciation, interest and tax.0.4%FY26Profit YoYHow much net profit grew in the latest quarter against the same quarter a year earlier.+1608.7%latest quarterSalesMoney earned from selling the company's goods and services, before any costs. Also called revenue.₹47,674 CrFY26Net profitWhat is left for shareholders after all costs, interest and tax.₹106 CrFY26

How fast it has grownCompound growth a year in sales and profit, over 3 and 5 financial years, beside the latest quarter.

Compounded a year
3 years5 yearsLatest qtr
Sales+15.2%-+18.5%
Profit▼ 30.8%-+1608.7%
3 and 5 years are compounded a year across full financial years. The latest quarter is against the same quarter a year earlier.

Where the cash wentProfit is an accounting figure. Cash flow shows the money that really moved: in from the business, out on investments, and to or from lenders and shareholders.

From the cash flow statement

For a lender, operating cash is mostly loans made and deposits taken, not trading cash.

FY26Cash in or out
Running the business+₹11,473 Cr
Investing-₹11,125 Cr
Lenders and shareholders+₹567 Cr
Net change in cash+₹915 Cr

Health check, year by yearMargins, returns and debt for each financial year, so you can see the direction.

MeasureFY23FY24FY25FY26
ROEHow much profit the company made on the shareholders' money in the business. 15% means ₹15 of profit a year on every ₹100 of owners' money.11.4%9.4%7.5%1.6%

Each row against this company's own usual level: green better, red worse, grey close to it.

Backtest idea · MFSLStochastic oversold

Buys when the close sits near the bottom of its recent range.

BuyStochastic %K drops below 20
Sell8% profit, or after 15 days
Real prices · every charge countedRun on MFSL
Backtest idea · MFSLPullback in an uptrend

Buys a pause inside a rising trend.

BuyRSI(14) below 40, price above 200-day EMA
Sell8% profit, or after 30 days
Real prices · every charge countedRun on MFSL
Backtest idea · MFSLBuy the dip

Buys after a sharp fall, betting on a bounce.

BuyRSI(14) drops below 30
Sell10% profit, or after 20 days
Real prices · every charge countedRun on MFSL
Backtest idea · MFSL52-week high breakout

Buys strength, when the price makes a new one-year high.

BuyCloses at a 52-week high
Sell8% stop loss
Real prices · every charge countedRun on MFSL
Backtest idea · MFSLGolden cross

Follows the long trend: in when the fast average crosses above the slow one.

Buy50-day EMA crosses above 200-day
SellWhen it crosses back below
Real prices · every charge countedRun on MFSL
MACD momentum on MFSLBuy when MACD crosses above signal, price above 200-day SMA
Lower band bounce on MFSLBuy when closes below the lower Bollinger band
Supertrend rider on MFSLBuy when supertrend turns up
Buy the dip on MFSLBuy when RSI(14) drops below 30
52-week high breakout on MFSLBuy when closes at a 52-week high

Peers side by sideCompanies in the same exchange-defined industry group, largest first. Tap a heading to sort.

Life Insurance
CompanyWhat the whole company is worth on the stock market: share price times the number of shares. It measures size, not quality.How many rupees investors pay today for one rupee of the company's yearly profit. A P/E of 20 means paying ₹20 for ₹1 of annual profit.The share price against the shareholders' money per share on the balance sheet. It asks what you pay for each rupee the owners have in the business.How much profit the company made on the shareholders' money in the business. 15% means ₹15 of profit a year on every ₹100 of owners' money.Borrowings compared with the shareholders' money. 1 means the company owes as much as its owners have put in; 0 means no borrowings.Of every ₹100 of sales, how much is left as profit after all costs, interest and tax.How much sales grew in the latest quarter against the same quarter a year earlier.The cash paid out in a year as a percentage of today's share price. A 2% yield means ₹2 a year on a ₹100 share.
LICI
Life Insurance Corporation Of India
5.05 L cr8.1x2.6x32.3%0.0011.0%+16.1%2.50%
SBILIFE
SBI Life Insurance Company Limited
1.80 L cr67.6x8.8x-0.002.5%+8.2%0.15%
HDFCLIFE
HDFC Life Insurance Company Limited
1.29 L cr62.4x6.7x10.9%0.162.5%+15.8%0.35%
ICICILIFE
ICICI Life Insurance Limited
66,111 cr37.3x4.6x11.7%0.183.3%+16.6%0.36%
MFSL
Max Financial Services Limited
48,354 cr259.0x8.5x1.6%-0.5%+18.5%0.00%
CANHLIFE
Canara HSBC Life Insurance Company Limited
12,806 cr95.6x7.8x-0.151.3%+13.0%0.30%

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

Month by monthThe share's price change in every calendar month, one row per year, so you can check for yourself whether a month has a pattern.

Price return each month
YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026
-3.5
+12.4
-17.8
+6.4
+5.6
-5.6
-5.1
+4.9
-12.7
-12.6
+16.8
·
-16.2%
11m
2025
+0.2
-10.5
+15.0
+13.7
+15.2
+9.6
-8.8
+6.7
-1.6
-1.9
+10.1
-1.8
+50.1%
2024
-6.7
+8.9
+3.4
+0.9
-9.2
+5.8
+14.4
-3.3
+10.8
+7.7
-11.6
-1.8
+16.7%
2023
+23.3
-17.1
-8.3
+0.8
+10.4
+14.8
+0.5
+14.6
-2.6
+0.5
+11.5
-6.4
+40.8%
2022
-2.9
-12.8
-9.2
+0.5
+4.9
-1.6
+10.0
-4.2
-7.5
-7.2
-0.3
-4.0
-30.9%
2021
+1.2
+26.8
-0.8
+4.2
+4.2
+13.6
+5.8
-3.0
-6.8
-4.0
-3.4
+4.3
+45.2%
2020
-5.3
+14.0
-33.4
+22.1
+2.3
+12.8
+3.0
+5.5
+3.9
-3.5
+9.8
+4.1
+26.3%
2019
-10.7
-0.9
+10.3
-4.0
+7.8
-9.4
+2.3
+1.0
+1.3
-4.8
+24.3
+5.8
+19.8%
2018
-9.8
-7.3
-8.5
+13.7
-5.0
-11.7
+14.9
-9.9
-8.9
-7.6
+18.6
-0.3
-24.7%
2017
+2.9
-0.2
+2.4
+13.7
-11.0
+8.1
-3.4
-1.3
-1.8
-0.7
-6.7
+8.1
+8.0%
Monthly movebelow -10%-10 to -5-5 to -2-2 to 00 to +2+2 to +5+5 to +10above +10%month in progress

Month-on-month change in closing price, adjusted for splits and bonuses but not for dividends, so a large dividend shows up here as a fall. Starts from 1995, when the exchange began trading equities, or from the stock's listing if later. This is a record of what happened, not a forecast.

Deals and filingsLarge trades reported to the exchange, plus the company's documents sorted by type.

DatePartySideQuantityPriceValue
2025-11-21MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED · blockSELL16,00,000₹1,681.00₹268.96 Cr
2025-11-21MORGAN STANLEY ASIA SINGAPORE PTE · blockBUY5,11,610₹1,681.00₹86.00 Cr
2025-11-21MORGAN STANLEY ASIA SINGAPORE PTE · blockBUY3,29,911₹1,681.00₹55.46 Cr
2025-11-21TATA MUTUAL FUND · blockBUY2,97,440₹1,681.00₹50.00 Cr
2025-11-21WHITEOAK CAPITAL MUTUAL FUND · blockBUY1,18,980₹1,681.00₹20.00 Cr
2025-11-21MORGAN STANLEY IFSC FUND · blockBUY1,13,030₹1,681.00₹19.00 Cr
2025-11-21VIRIDIAN ASIA OPPORTUNITIES MASTER FUND · blockBUY1,07,080₹1,681.00₹18.00 Cr
2025-11-21TATA EQUITY PLUS ABSOLUTE RETURNS FUND · blockBUY62,460₹1,681.00₹10.50 Cr

The last two years of the company's filings to the exchange, grouped by the exchange's own categories. Each opens the original document.

Read enough? Test MFSL. “Buy MFSL when RSI(14) drops below 30, sell at 10% profit or after 20 days.” Real prices, every charge counted.

Run it free